Sri Lanka is due to settle an International Sovereign Bond (ISB) repayment of US$500 million tomorrow, Tuesday January 18.
There has been a wide debate over the repayment with many economists suggesting that Sri Lanka should default payment and save the dollars for crucial essential imports of crude oil, drugs and food, which is more important than defaulting a debt payment. Central Bank Governor Ajith Nivard Cabraal has categorically said the payment will be made tomorrow.
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The National People’s Power (NPP) won the Elpitiya Pradeshiya Sabha election by returning 15members from a total of 30 representatives in the council, today.
The Sri Lanka Railways would resume services in the northern line track tomorrow by initially running two trains.
The Palali-Achchuveli main road in the Northern Province was reopened today (Nov 01) after being closed for over 30 years, following a directive from President Anura Kumara Dissanayake.
A housemaid who stole a pilot’s baggage at the Bandaranaike International Airport was arrested within three hours after the robbery today, Police said.
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